If enacted, this legislation will amend Title 44 of the Arizona Revised Statutes by adding provisions that establish clear regulations regarding pricing during emergencies. The bill stipulates that for thirty days following the end of an emergency, businesses must adhere to the same price limitations, thereby extending consumer protections beyond the immediate crisis. Additionally, it grants the Attorney General powers to investigate violations and enforce penalties, aiming to uphold fair pricing practices across the state.
Summary
House Bill 2283 seeks to address pricing practices during states of emergency and local emergencies in Arizona. The bill aims to protect consumers by prohibiting price increases of more than ten percent on essential items and services, such as building materials, consumer food items, and emergency supplies, during a declared emergency. This provision is intended to prevent price gouging that can occur when demand surges due to crises, ensuring that vital goods and services remain affordable for consumers in distressing circumstances.
Contention
Notably, while the bill has garnered support from consumer advocacy groups, it may face opposition from businesses that argue the pricing restrictions could hinder their ability to operate effectively during emergencies. Specifically, stakeholders may raise concerns about the implications of the price cap on their operational costs, especially when unforeseen expenses arise from supply chain disruptions or increased labor costs. The requirement to prove justifications for any necessary price increases may be viewed as burdensome by some business owners.